{"id":76764,"date":"2025-07-03T17:12:53","date_gmt":"2025-07-03T07:12:53","guid":{"rendered":"https:\/\/www.icmarkets.com\/blog\/?p=76764"},"modified":"2025-08-05T18:11:02","modified_gmt":"2025-08-05T08:11:02","slug":"thursday-3rd-july-2025-asia-mixed-as-vietnam-stocks-hit-three-year-high-on-trade-deal-hopes","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com\/blog\/thursday-3rd-july-2025-asia-mixed-as-vietnam-stocks-hit-three-year-high-on-trade-deal-hopes\/","title":{"rendered":"Thursday 3rd July 2025: Asia Mixed as Vietnam Stocks Hit Three-Year High on Trade Deal Hopes"},"content":{"rendered":"\n<h3>Global Markets:<\/h3>\n\n\n\n<ul>\n<li>&nbsp;Asian Stock Markets : Nikkei down 0.10%, Shanghai Composite up 0.17%, Hang Seng down 0.78% ASX down 0.03%<\/li>\n\n\n\n<li>Commodities : Gold at $3365.35 (0.49%), Silver at $36.48 (0.19%), Brent Oil at $68.8 (-0.79%), WTI Oil at $66.98 (-0.73%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.265, UK 10-year yield at 4.611, Germany 10-year yield at 2.618<\/li>\n<\/ul>\n\n\n\n<h3>News &amp; Data:<\/h3>\n\n\n\n<ul>\n<li>(USD) ADP Non-Farm Employment Change -33k&nbsp; to 99K expected<\/li>\n<\/ul>\n\n\n\n<h3>Markets Update:<\/h3>\n\n\n\n<p>Vietnamese stocks climbed to their highest level in more than three years as investors awaited further details on the U.S.-Vietnam trade agreement announced by President Donald Trump on Wednesday. According to Trump\u2019s statement on Truth Social, the U.S. will impose a 20% tariff on goods imported from Vietnam, while Vietnam will apply a zero-tariff rate on U.S. goods. This development comes as the end of Trump\u2019s 90-day tariff reprieve draws near, adding to market anticipation.<\/p>\n\n\n\n<p>The Vietnam Index rose 0.3%, reaching its strongest level since April 2022, according to data from LSEG. Elsewhere in Asia, markets posted mixed performances. Japan\u2019s Nikkei 225 slipped 0.15%, and the broader Topix fell 0.21%. In contrast, South Korea\u2019s Kospi climbed 0.77%, while the Kosdaq gained 0.5%. Australia\u2019s S&amp;P\/ASX 200 edged up 0.13%.<\/p>\n\n\n\n<p>In Greater China, Hong Kong\u2019s Hang Seng Index dropped 0.64%, while mainland China\u2019s CSI 300 advanced 0.14%.<\/p>\n\n\n\n<p>Meanwhile, U.S. stock futures were steady ahead of the closely watched June jobs report. S&amp;P 500 futures and Nasdaq 100 futures were slightly higher, while Dow Jones Industrial Average futures rose 21 points, or under 0.1%. On Wednesday, the S&amp;P 500 hit a fresh intraday record and closed at another high. The Nasdaq Composite rose 0.94% to a record close, while the Dow edged down 0.02%.<\/p>\n\n\n\n<h3>Upcoming Events:&nbsp;<\/h3>\n\n\n\n<ul>\n<li>06:00 PM GMT &#8211; USD Average Hourly Earnings m\/m<\/li>\n\n\n\n<li>06:00 PM GMT &#8211; USD Non-Farm Employment Change<\/li>\n\n\n\n<li>06:00 PM GMT &#8211; USD Unemployment Rate<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: Vietnamese stocks climbed to [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":77277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[196,215,339],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/76764"}],"collection":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/comments?post=76764"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/76764\/revisions"}],"predecessor-version":[{"id":76776,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/76764\/revisions\/76776"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media\/77277"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media?parent=76764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/categories?post=76764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/tags?post=76764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}